Transpek Industry withdraws NSE listing proposal due to revised criteria
Transpek Industry Limited has formally withdrawn its proposal to list shares on the National Stock Exchange (NSE) Limited. The company had been in the process of preparing an application for listing on the NSE platform.
The decision stems from recent revisions to the NSE's guidelines and eligibility criteria for direct listing. A significant change mandates that a company's paid-up share capital must be not less than ₹10.00 crores. Transpek Industry Limited's current paid-up share capital falls below this threshold, rendering it ineligible for listing on the NSE platform.
The board of directors of Transpek Industry Limited discussed and approved the withdrawal and cancellation of the listing proposal at their meeting on November 13, 2025. The company has requested that the information be noted and disseminated to shareholders.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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